Upward wedge patterns have been noticed on July 1 for the stocks Cleco Corporation, Cirrus Logic Inc, BlackRock Income Trust, Inc, Brown & Brown Inc, and Cracker Barrel Old Country Store, Inc. The price range of these stocks is getting more narrow as the upward trend continues, thus signally the trend is losing steam. This sends a bearish signal to investors as the upward trend is ending.
Shares of Cleco Corporation (CNL) traded higher by 0.58% or $0.24/share to $41.83. In the past year, the shares have traded as low as $29.34 and as high as $42.45. On average, 418180 shares of CNL exchange hands on a given day and today's volume is recorded at 528413.
Shares of Cirrus Logic Inc (CRUS) traded higher by 4.88% or $1.39/share to $29.85. In the past year, the shares have traded as low as $12.52 and as high as $31.23. On average, 2617510 shares of CRUS exchange hands on a given day and today's volume is recorded at 3027012.
Shares of BlackRock Income Trust, Inc (BKT) fell by 1.45% or $-0.11/share to $7.48. In the past year, the shares have traded as low as $6.54 and as high as $7.60. On average, 138890 shares of BKT exchange hands on a given day and today's volume is recorded at 161919.
Shares of Brown & Brown Inc (BRO) traded higher by 1.26% or $0.34/share to $27.27. In the past year, the shares have traded as low as $16.59 and as high as $27.23. On average, 970470 shares of BRO exchange hands on a given day and today's volume is recorded at 747452.
Shares of Cracker Barrel Old Country Store, Inc (CBRL) traded higher by 1.77% or $1.09/share to $62.8. In the past year, the shares have traded as low as $36.74 and as high as $61.89. On average, 227680 shares of CBRL exchange hands on a given day and today's volume is recorded at 220696.
